When we emerge from the current global - largely European - economic crisis, how can this old continent and, particularly its currency union, reinvent itself to compete? What is certain is that things will never be the same. The inexorable rise of India and China seems set, the Russian economy has the potential to dominate our continent, and markets in Asia and South America are developing quickly.Europe, on the other hand, seems to be “past it,” some countries are technically bankrupt and others teetering on the edge of bankruptcy. Decades of good times have...
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